Los Angeles, CA (PRWEB) May 14, 2014
The Affordable Care Act (Obamacare) assesses nasty penalties if a business pays the individual insurance premiums of their employees. Under Obamacare, a business cannot simply deduct those premiums. This could be a big, expensive problem for a business, especially if it is structured as an S-Corporation. To make matters worse, the IRS has not yet given definitive guidance on how Obamacare affects S-Corporations.
An LA accounting and tax firm is offering guidance to businesses on how to navigate the complexities of the Affordable Care Act to avoid hefty fines as they transition into this new era of health care in America.
BryLaw Firm, Inc. is a fast, responsive, highly-experienced team of professionals who have been trained to assist their clients in understanding the details of the Affordable Care Act.
“On the brink of the Affordable Care Act being put in motion, a number of our business clients came to us distressed about being levied fines for not following the complicated new act correctly, this is still relevant even though signups for this year has expired. Signups for 2015 must be planned for ahead of time.” said Larry Stephens, owner of BryLaw Firm, Inc.. “We are always striving to offer our clients the most comprehensive tax services available. That’s why we decided to become masters of Obamacare’s complexities so we can help our clients through this transition.”
To speak with a representative from BryLaw Firm about their new Affordable Care Act services, contact the firm at (909) 606-7351.
About BryLaw Firm, Inc.
Serving Los Angeles and all of America, BryLaw offers a full range of accounting services for individuals and businesses alike. In addition to their new Affordable Care Act services, they also help companies through the process of launching an IPO and offer a full suite of business finance services. Built upon a dedication to three integral principles - professionalism, responsiveness and efficiency - the firm provides outstanding service to their clients. The primary goal of BryLaw is to provide an efficient financial package that will enable clients to make well-versed financial decisions on bookkeeping and tax related issues. The BryLaw staff will answer all of client questions, as they impact both tax and financial situations.
Learn more about BryLaw Firm's services, download tax applications and forms, subscribe to the BryLaw newsletter, access resources at their tax center and much more at BryLaw.com.